[The following information applies to the questions displayed below.] Trini Company set the following standard costs per unit for its single product Direct materials (30 pounds @$5.10 per pound) Direct labor (4 hours @ $15 per hour) Variable overhead (4 hours @ $6 per hour) Fixed overhead (4 hours @ $10 per hour) $ 153.00 60.00 24.00 40.00 $ 277.00 Standard cost per unit Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 80% of the company's capacity of 68,000 units per quarter. The following additional information is available. Production (in units) Standard direct labor hours (4 DLH/unit) Budgeted overhead (flexible budget) Fixed overhead Variable overhead 70% 47,600 190,400 Operating Levels 80% 54,400 217,600 90% 61,200 244,800 $ 2,176,000 $ 2,176,000 $ 2,176,000 $ 1,142,400 $ 1,305,600 $ 1,468,800 During the current quarter, the company operated at 90% of capacity and produced 61,200 units; actual direct labor totaled 238,800 hours. Units produced were assigned the following standard costs. Direct materials (1,836,000 pounds @$5.10 per pound) Direct labor (244,800 hours @ $15 per hour). Overhead (244,800 hours @ $16 per hour) Standard (budgeted) cost Actual costs incurred during the current quarter follow. Direct materials (1,822,000 pounds @ $6.70 per pound) Direct labor (238,800 hours @ $12.10 per hour) Fixed overhead Variable overhead Actual cost $ 9,363,600 3,672,000 3,916,800 $ 16,952,400 $ 12,207,400 2,889,480 1,942,700 1,668,700 $ 18,708,280